Tag Archives: Delta

Suze Orman says this is how to protect your finances from the delta variant The raging delta variant of COVID-19 has caused infections and hospitalizations to surge, and has led the Centers for Disease Control to go back to recommending that all Americans wear masks indoors, even if they’ve been vaccinated. Lockdowns have returned in other countries, though not in the U.S. — at least not yet. But experts at Bank of America warn that the economy faces the risk of consumers hunkering down… Source link

The growing spread of the COVID-19 Delta variant is creating an increasingly stark choice that could make the difference between more reopenings — or a return to restrictions that decimated the world’s economy, a World Health Organization expert suggested on Friday. Amid the leak of internal documents from the U.S. Centers for Disease Control and Prevention (CDC), comparing the transmissibility of Delta variant to that of chickenpox, new discoveries are sparking furious debate about how… Source link

Google has backtracked on plans to welcome most workers back to its sprawling campus in September, becoming the latest Silicon Valley company to delay reopening amid a surge in Covid cases. The company announced Wednesday it is postponing a return to the office until mid-October and rolling out a policy that will eventually require everyone who returns in person to be vaccinated. The decision sees Google join Apple and Netflix in postponing calling employees back to the office due to concerns… Source link

While the pandemic had a slight impact on Apple’s sales last year and a slump in advertising affected Google’s revenue, the quarter was huge for both companies. Apple earned $81 billion in the quarter, more than any fiscal second quarter in the company’s history, thanks to soaring sales of iPhones and services, which includes Apple’s streaming service and cloud storage. Google earned $62 billion, a 62 percent increase from the same quarter last year. Source link

According to the CDC, “the United States is once again seeing a rise in COVID-19 cases, hospitalizations, and deaths.” CDC data shows that as of July 22, 35% of counties across the country are experiencing “high levels” of transmission. “COVID-19 cases are on the rise in nearly 90% of U.S. jurisdictions, and we are seeing outbreaks in parts of the country that have low vaccination coverage,” the CDC noted. National Institutes of Health head Dr. Anthony Fauci expressed frustration… Source link

Vaccine hesitancy in the U.S. has proven to be a stubborn issue that is holding back America’s ability to defend itself against the particularly infectious Delta variant in certain parts of the country. In addition to unvaccinated adults themselves, two demographics are particularly vulnerable as the number of confirmed COVID-19 cases rises. “Children under 12 don’t have a vaccine yet,” Dr. Heather Yeo, associate professor of surgery and health care policy and research at Weill Cornell… Source link

The Delta variant of the coronavirus has become the dominant strain in the U.S., and experts are warning that its continued spread poses a major risk to those who are unvaccinated. “So far, almost all of the hospitalizations and deaths that we’re seeing — upwards of 99% of those cases — are among the unvaccinated,” Kristen Choi, assistant professor at UCLA School of Nursing, said on Yahoo Finance Live (video above). “So despite this variant — the way it’s changed, that’s… Source link

Most Wall Street strategists agree that Monday’s market rout — fueled by yawning worries about the fast-spreading COVID-19 Delta variant — should serve as a wake-up call to investors who have sent stock prices to record valuations.  And they also generally agree on what could send stocks spiraling even lower from here — a subpar second quarter earnings season chock-full of concerning guidance due to the ongoing uncertainty of the pandemic.   “This market is vulnerable to a bigger… Source link

A likely summer of concerning COVID-19 Delta variant headlines sets the stage for an ugly stock market in the near-term, said Keith Lerner, Truist Advisory Services’ chief markets strategist.  “Our view is we’re seeing another corrective period within a bull market trend,” Lerner said in a note to clients after Monday’s brutal start to trading. “While the Delta variant complicates the near-term picture, and is likely to lead to a continuation of sloppy trading through the seasonally-weak… Source link

Delta Air Lines (DAL) on Wednesday reported a narrower than expected loss in the second quarter, with “accelerating demand” putting the airline back on a path to profitability. Here are the main results from the Q2 report, compared to consensus estimates compiled by Bloomberg: Adjusted pre tax income (loss): $881 million vs ($898 million) estimate Adjusted earnings (loss) per share: ($1.07) vs ($1.42) estimate GAAP earnings per share: $1.02 vs (0.17) estimate Revenue: $6.3 billion vs. $6.3… Source link